Welcome
Annual General Meeting 2023
Sam Lim
Executive Chairman &
CEO
Performance Mirrored Industry
WW Semicon Revenue | Factors Affecting Industry | Sunright's Performance |
2021: 26.3% | COVID-19 | 2021: Net Profit: S$1.3M |
2022: 0.2% | Component Shortages | 2022: Net Loss: S$4 Million |
Weaker Economy | ||
US-China Trade Tension | ||
2023: -10.9% (F) | Reduced Consumer & | 2023: Net Loss: S$3 Million |
Computing Spendings | ||
Slow Recovery in China | ||
Higher Energy Prices | ||
2024: 16.8% (F) | Consumer Market Remains | 2024: ? |
Slow | ||
Automotive | ||
AI |
Page 1 of 4, 24 Nov 2023
FY23: Pro-active In Subdued
Market Environment
-
Made Strategic Investments In Challenging Times
"Expanding Test Capacity & Continuing Innovations" - Scaled Down Underperforming Business Unit
"Electronic Manufacturing Services" - Strengthened Partnership Progress With Broad Range of Customers
"Growing NPIs"
Page 2 of 4, 24 Nov 2023
FY24: Growth Opportunities As
Uncertainties Remain
Automotive
EV & AV
- Continue Our Focus On Power Management Market
- Rate of Business Recovery Will Depend on Growth of EV & AI
Page 3 of 4, 24 Nov 2023
Page 4 of 4, 24 Nov 2023
Thank You
Stay Safe & Healthy
Sam Lim
Executive Chairman & CEO
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Sunright Ltd. published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 09:38:22 UTC.